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MFG Share Price Target - Tomorrow, Next Week & Next Month

S&P BSE INDIA MANUFACTURING IND

Company LogoSymbol: MFG
Price: ₹1,074.93
Exchange: BSE
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MFG Recent Performance

Over the past 24 trading days, the value of MFG's stock has decreased by ₹41.57 (-3.72%). On 12 Sep 2024, one share was worth ₹1116.50 and by 17 Oct 2024, the value dropped to ₹1074.93. During this period it created a highest high of ₹1155.88 and lowest low of ₹1074.56.

Below Image represents line chart of daily close price of MFG, helping you visualize how the price has changed day by day.

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MFG Recent Daily Close Chart

Chart: MFG Share Price Target - Tomorrow

MFG Targets For Tomorrow Chart

The line chart displays the MFG daily closing prices for the past 24 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for MFG shares for Thu 17 Oct 2024, see the table below.

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Table: MFG Share Price Target - Tomorrow

By analyzing MFG stock with yesterday and past crucial price points and technical indicators we derived following targets for: Fri, 18 Oct, 2024!

MFG's LevelsValueReason/Importance
Tomorrow Target 31108.85 (+3.15%)Price Action: 20 Sep 2024 Low
Tomorrow Target 21097.62 (+2.11%)Fibonacci Extension Level 138.2%
Tomorrow Target 11086.03 (+1.03%)Price Action: 16 Oct 2024 Low
Current Price1074.93MFG's 1 share price as of Thu 17 Oct 2024
Stop Loss 11071.17 (-0.35%)Price Action: Chart
Stop Loss 21065.28 (-0.9%)Price Action: Chart
Stop Loss 31057.61 (-1.62%)Price Action: Jun 2024 High

Summary: MFG Share Price Prediction For Tomorrow

Thu 17 Oct 2024: MFG finished the day at ₹1074.93, losing ₹-16.66 (-1.53%) in 1 day.

In summary, our analysis of MFG for tomorrow predicts a rise of 1.03% to 3.15% with three potential targets T1: ₹1086.03, T2: ₹1097.62, T3: ₹1108.85 and Stop-Loss (SL) at SL1: ₹1071.17, SL2: ₹1065.28, SL3: ₹1057.61.

Additionally, we've identified a support level at ₹1074.56 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1091.25, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.

After looking at tomorrow's share price prediction, let's now check what next week might hold for MFG.

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Chart: MFG Share Price Target - Next Week

MFG Targets For Next Week Chart

The chart displays the MFG weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.

For detailed target and stop loss values for MFG shares for next week, see the table below.

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Table: MFG Share Price Target - Next Week

By analyzing MFG stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!

MFG's LevelsValueReason/Importance
Next Week Target 31104.60 (+2.76%)Price Action: 10 Oct 2024 High
Next Week Target 21093.66 (+1.74%)Price Action: 11 Sep 2024 Low
Next Week Target 11082.02 (+0.65%)Custom Fibonacci Extension Lvl 23.6%
Current Price1074.93MFG's 1 share price as of Thu 17 Oct 2024
Stop Loss 11072.75 (-0.21%)Price Action: Chart
Stop Loss 21057.61 (-1.62%)Price Action: Jun 2024 High
Stop Loss 31025.44 (-4.61%)Technical Indicator: MA200

Summary: MFG Share Price Prediction For Next Week

As of Thu 17 Oct 2024, MFG share price stands at ₹1074.93, losing ₹-20.41 (-1.86%) in this week.

In summary, our analysis of MFG for next week predicts a rise of 0.65% to 2.76% with three potential targets T1: ₹1082.02, T2: ₹1093.66, T3: ₹1104.60 and Stop-Loss (SL) at SL1: ₹1072.75, SL2: ₹1057.61, SL3: ₹1025.44.

Additionally, we've identified a support level at ₹1074.35 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1102.11, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for MFG.

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Chart: MFG Share Price Target - Next Month

MFG Targets For Next Month Chart

The chart displays the MFG monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for MFG shares for next month, see the table below.

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Table: MFG Share Price Target - Next Month

By analyzing MFG stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!

MFG's LevelsValueReason/Importance
Next Month Target 31113.30 (+3.56%)Price Action: 07 Oct 2024 High
Next Month Target 21101.93 (+2.51%)Price Action: 14 Oct 2024 High
Next Month Target 11091.00 (+1.49%)Price Action: 15 Oct 2024 Low
Current Price1074.93MFG's 1 share price as of Thu 17 Oct 2024
Stop Loss 11070.57 (-0.41%)Price Action: Chart
Stop Loss 21057.61 (-1.62%)Price Action: Jun 2024 High
Stop Loss 31042.03 (-3.07%)Fibonacci Retracement Extended 40%

Summary: MFG Share Price Prediction For Next Month

As of Thu 17 Oct 2024, MFG share price stands at ₹1074.93, losing ₹-68.58 (-6.00%) in this month.

In summary, our analysis of MFG for next month predicts a rise of 1.49% to 3.56% with three potential targets T1: ₹1091.00, T2: ₹1101.93, T3: ₹1113.30 and Stop-Loss (SL) at SL1: ₹1070.57, SL2: ₹1057.61, SL3: ₹1042.03.

Additionally, we've identified a support level at 1074.56 — think of this as a safety net where the price might stop falling and there's also a resistance level at 1155.88, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for MFG, we created a specific page for that check here: MFG Share Price target for 2024 and 2025

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As we wrap up, we hope you like our study on MFG short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into S&P BSE INDIA MANUFACTURING IND, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter